JACKSON, N.J. (AP) – Cheap gas has long been a benefit of living in New Jersey and the siren that lured drivers there from neighboring states.
But sadly, the days of cheap gas will come to an end Tuesday when a 23-cents-per-gallon state gas tax increase takes effect.
New Jersey currently has the second-lowest gas prices in the nation, behind only Alaska. And since the state has the highest property taxes in the U.S., Garden State residents have always seen the low fuel prices as a way to keep down the cost of living.
The low prices that have lured in out-of-state drivers also has provided an economic boon to gas station owners, especially during the summer months.
With the increase, New Jersey will have the country’s sixth highest gas tax.